(A)
A
license expires on the thirty-first day of December of each year regardless of
when the license was issued.

(B)
A
licensee is responsible for ensuring that its renewal application is received
by the division prior to the renewal filing deadline set forth in this rule.
The failure of a licensee to receive any reminder notice that the division may
send will not relieve the licensee of the renewal deadline.

(C)
A renewal application must be received by
the division prior to the expiration of the current license to prevent any
lapse in licensing and in the ability to act as a short-term lender.

(D)
A licensee cannot change its address by
filing a renewal application and indicating its new intended address on the
renewal application. Address changes shall be made in compliance with paragraph
(B) of rule
1301:8-11-04 of the
Administrative Code.

(E)
Each
question on the renewal application is material to the licensing process.
Submitting false or incomplete information or omitting information in
connection with a renewal application is grounds for denial of the application
or revocation of the license and may subject the applicant and those
individuals who signed the application to civil or criminal penalties.

(F)
If the information contained
in a renewal application for a short-term loan license becomes inaccurate for
any reason while the renewal application is pending, the applicant shall be
responsible for correcting the inaccurate information within ten business days
of the change.

(G)
An applicant
may request the withdrawal of an application prior to a determination being
made by the division by submitting a written request that the application be
withdrawn. A request to withdraw a renewal application for a short-term loan
license can only be submitted by those individuals legally authorized to do so
on behalf of the applicant. An application may only be withdrawn with the
permission of the superintendent.

(H)
All application fees are non-refundable
regardless of whether an application is withdrawn or denied.

(I)
Upon approval of a renewal application, a
license will be issued for the remainder of the annual licensure period, which
ends the following thirty-first day of December.